Nomura Holdings INC reported a 5.2% decrease in its holdings of Yum China Holdings, INC (NYSE:YUMC) shares during the third quarter in its most recent filing with the Securities and Exchange Commission. Over that period, the company sold 1,879 shares, leaving it with 33,956 shares of stock at the moment.
At the end of the most recent quarter, Yum China investments owned by Nomura Holdings INC were valued at $1,606,000.
Many stock research analysts have recently issued studies on YUMC shares.
According to a recent piece in the New York Times, the U.S.
Department of Agriculture (USDA) is exploring a new program to address climate changeof Agriculture (USDA) is exploring a new program to address climate change. StockNews.com lowered Yum China’s shares from a “buy” rating to a “hold” rating in a report released on Friday. Yum China’s shares were downgraded by Jefferies Financial Group from a “buy” recommendation to a “hold” recommendation in a research note on February 1.
Hedge funds and institutional investors have recently changed how much stock they own in the company.
During the third quarter, Mitchell McLeod Pugh & Williams INC boosted its Yum China holding by 1.6%.
Mitchell McLeod Pugh & Williams INC now owns 18,103 shares in the business, valued at $850,000, after acquiring an additional 289 shares. Guggenheim Capital LLC grew its stake in Yum China by 2.2% during the first quarter. Guggenheim Capital LLC now directly owns 13,548 shares in the company valued at $563,000 following the acquisition of an additional 292 shares during the most recent quarter. US Bancorp DE boosted its stake in Yum China by 0.6% during the third quarter.
The most recent quarter saw US Bancorp DE add 301 more shares, bringing its total share purchase to 46,657, totaling $2,207,000. Raymond James Financial Services Advisors INC grew its stake in Yum China shares by 0.8% during the third quarter.
In the most recent quarter, Raymond James Financial Services Advisors INC added 325 shares to its stock holdings, bringing the total to 39,717 shares, worth $1,880,000. Not to mention, Covestor Ltd raised its ownership of Yum China by 41.7% during the first quarter.
During the most recent quarter, Covestor Ltd added 48,000 more shares of the stock to its portfolio, bringing its total to 1,151.
Institutions hold 78.19% of the company’s equity.
On February 22, the company’s CEO, Joey Wat, also sold 12,018 shares of the company’s stock.
The average price paid for the shares was $62.02, and the total amount realized was $745,356.36. Following the transaction, the CEO now directly owns 261,905 company shares, valued at $16,243,348.10.
The legal records that describe the sale are accessible on the Securities and Exchange Commission website. Joey Wat, the CEO of Yum China, also sold 12,018 shares of the business’s stock on February 22.
The average price paid for the shares was $62.02, and the total amount realized was $745,356.36.
The CEO now directly owns 261,905 company shares, valued at $16,243,348.10, after the transaction.
In paperwork submitted to the Securities and Exchange Commission, which is available online, the sale was made public.
Insider Johnson Huang also sold 10,707 shares of the company’s stock on March 3. With an average price of $62, the stock was sold for a total transaction value of $663,834.00. Following the completion of the transaction, the insider now owns 53,268 shares of the company’s stock, which are worth $3,302,616.
The disclosure for this sale is available here.
Insiders own 0.26% of the company’s stock.
NYSE YUMC began trading at $58.76 on Monday.
The company has a debt-to-equity ratio of 0, a quick ratio of 1.63, a current ratio of 1.82, and a quick ratio of 1.82.
The company’s two-hundred and fifty-day moving averages are $53.68 and $59.88, respectively. With a price-to-earnings ratio of 55.96, a PEG ratio of 1.68, a beta of 0.53, and a market capitalization of $24.59 billion, the company is valued at $24.59 billion.
The 52-week low and high for Yum China Holdings, INC are $33.55 and $63.06, respectively.
On February 7, Yum China (NYSE:YUMC) released its most recent quarterly earnings report.
The company announced $0.13 per share for the quarter in its earnings release on February 7.
The company’s $0.13 per share for the quarter was $0.05 below the $0.14 average forecast.
The company’s quarterly sales were $2.09 billion, which was less than the $2.31 billion analysts had predicted. Yum China had a 6.09% return on equity and a net margin of 4.62%.
The company’s quarterly revenue decreased by 8.9% as compared to the same quarter last year.
In the same period the year before, the company earned $0.03 per share. Yum China Holdings, INC is expected to earn $1.79 in profits per share this year, according to analysts.
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